Should You Buy Stocks at All Time Highs?
Leidos(LDOS) ZACKS·2024-06-26 04:21
When stocks are cruising at or nearing all-time highs, it reflects considerable bullishness with trends where buyers are in control. Stocks making new highs tend to make even higher highs, particularly when analysts' positive earnings estimate revisions are rolling in. That’s been precisely the case for Royal Caribbean Group (RCL) , Vital Farms (VITL) , and Leidos (LDOS) , all of which presently sport a favorable Zacks Rank paired with market-beating price action. Below is a chart illustrating the YTD perf ...